Summary Economics 120 (EKN 120) Chapters 12-26
These notes serve to assist you in studying for Economics 120 (EKN 120) . These notes are summarized from Economics, 2nd Southern African Edition, by J. Janse van Rensburg, C.R. Mc Connel and S. L. Brue, Mc Graw EDUCATION. It includes summaries of Chapters 12-26, including class notes and examples. CHAPTER 12: Income Inequality and Poverty CHAPTER 13: South Africa in Brief: Private and Public Sectors CHAPTER 14: Measuring Domestic Output and National Income CHAPTER 15: Basic Macroeconomic Relationships CHAPTER 16: The Aggregate Expenditures Model CHAPTER 17: Aggregate Demand and Supply CHAPTER 18: Introduction to Economic Growth, Unemployment and Inflation CHAPTER 19: Government and Market Failure CHAPTER 20: Fiscal Policy, Deficits and Debt CHAPTER 21: Public Choice Theory and Economics of Taxation CHAPTER 22: Disputes over Macro Theory and Policy CHAPTER 23: International Trade CHAPTER 24: Exchange Rates, The Balance of Payments and Trade Deficits CHAPTER 25: South Africa in the Global Economy CHPATER 26: The Economics of Developing Countries Semester Mark: 81%
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